TOKYO -- Tokio Marine Holdings has informed Greensill Capital that it does not plan to pay out on policies held by the now-insolvent supply chain financier, the Japanese insurer said Monday, claiming that the coverage was "fraudulently obtained."
Finance
Tokio Marine accuses Greensill of 'fraudulently' obtaining policies
Japanese insurer says it won't pay out on Australian claims
Tokio Marine inherited Greensill policies when it purchased an Australian insurer. © Reuters
Read Next
Latest on Finance
